Drowning the government in a bathtub -
"My goal is to cut government in half in twenty-five years, to get it down to the size where we can drown it in the bathtub." Thus spoke Grover Norquist, of
Americans for Tax Reform.
"The lunatics are now in charge of the asylum", quipped the conservative UK
Financial Times. Hardly, says
Paul Krugman. The strategy?: "Instead of challenging popular liberal programs directly, the Republicans are creating fiscal conditions that make those programs unsustainable." [lead post, Am. Prospect]. In other words, the
400 billion dollar deficit, coupled with the Bush tax cuts, is designed to shift the obligations of the Fed
onto the States and, later, to cause a fiscal train wreck after Bush is out of office.
posted by troutfishing
on Jun 12, 2003 -
58 comments
Millionaires' Havens, Heavens And Hell Holes: Ghastly, depressing
Monaco comes in for a deserved drubbing from Philip Delves Broughton in this week's
Spectator. The idea of billionaires surfing the Web looking for a hide-out makes me giggle and gag, but it appears poor people can play too. Have a look at (free!) e-zine
Escape From America; run your index finger down
a list of
tax havens and choose the
paradise place you'd scarper off to, if your money problems, whether from excess or lack of money, ever become too [
sorry...] taxing.
posted by MiguelCardoso
on Nov 29, 2002 -
9 comments
